Financial Wellness with HelloWallet Personalized Financial Guidance for Your Employees & Improved Benefit Program Outcomes for Your Company Best in Class Financial Wellness Application We (Vanguard) have partnered with HelloWallet, a financial wellness service, to help your employees save more for retirement by addressing the money pressures and behaviors that stand in their way. HelloWallet is a Software as a Service (SaaS) company that provides a web and mobile financial wellness application designed to help your employees become more engaged in managing their finances. For Your Employees: HelloWallet provides personalized, unbiased guidance to individuals on managing their debt, spending wisely, and maximizing your company benefits. For Your Company: HelloWallet provides aggregated data about the holistic needs of your workforce - enabling you to measure and improve compensation and benefit program outcomes. HelloWallet is being recognized in the industry for its best in class application and has won a number of awards including a Webby for “Best Financial Services Website.” HelloWallet customers are also being awarded for innovation and excellence – most recently, a customer received an Innovator Award from Pensions and Investments for their unique approach to financial wellness. The HelloWallet offer, through Vanguard’s partnership, you will give you access to: Preferential HelloWallet pricing* A co-developed employee experience A comprehensive package of financial tools for your employees *$50 per subscription, per year. A minimum of 500 subscriptions, or the equivalent revenue commitment of $25,000 per employer, is a requirement to add HelloWallet. Exclusive Offer through Vanguard

HelloWallet Delivers a “Win-Win” For Employees For Companies Unbiased financial guidance to budget, plan, and increase prosperity Drives increased readiness for consumer driven Benefits Connects with Benefits best suited to individual needs (401(k), HSA, FSA, Insurance) HelloWallet delivers a win for employees and a win for companies. In addition to personalized, unbiased financial guidance, HelloWallet increases employee readiness for consumer driven Benefits and helps them connect with the Benefits that are best suited to their individual needs. For companies, HelloWallet provides new data intelligence about the holistic needs of employees which allows them to better align their Total Rewards investments. This data enables companies to more accurately measure and realize Benefits ROI and improve their programs accordingly. New data intelligence about the holistic needs of employees to better align Total Rewards investments ROI realized in the form of cost savings and program improvement outcomes

Measurable Program and Business Outcomes Primary Measurable Program Impacts Focusing on Program Value Drivers Increase Savings in Health and Retirement Programs Increase Retirement Readiness Reduce Leakage in Retirement Programs Improve employees financial health Improve ability of workers to manage consumer driven benefits Primary Workforce and Benefit Program Insights HelloWallet is fueled by data which allows companies to measure programs more effectively and drive business outcomes. With financial data pertaining to valuable topics like employee health spending and retirement readiness, HelloWallet customers can more easily define compensation and benefit program success metrics. The combination of rich workforce data and clear program success metrics allows companies to focus on program improvement and impact. Measurable impacts that HelloWallet strives for include: Increased financial health and awareness among workers Increased savings in health and retirement programs and decreased retirement plan leakage Improvement in workforce ability to manage consumer driven benefits Learn the financial health profile of your workforce, and barriers to consumer driven plan adoption and success Drive expanded, data-driven decision making around 401k, health, and lifestyle Benefits Align benefit spending with benefit needs

Thought Leadership in Workforce Behavior Change HelloWallet applies research in behavioral economics and the science of decision making to help employees engage with their daily finances and Total Rewards packages. Steve Wendel, Principal Scientist at HelloWallet, recently released a book (Designing for Behavior Change) about designing products that change behavior. The principles discussed in this book are found throughout HelloWallet’s application and relate to an ongoing development cycle comprised of 4 stages: 1) understanding, 2) discovering, 3) designing, and 4) refining. Using this model, features in the application are continually improved upon based on user testing, customer feedback, and data insights.

Data Driven Retirement & Wellness Insights Debt Savers in Defined Contribution Plans HelloWallet recently released a study showing how growing debt is derailing the plans of many for a stable retirement. Some key findings include: HelloWallet is a thought leader in benefits research and has produced several white papers that reveal important wellness insights. In the most recent report, Debt Savers in Defined Contribution Plans, HelloWallet exposes that a large share of DC employees are accumulating debt at a faster rate than retirement savings. HelloWallet’s application aims to ameliorate such problematic trends. This white paper was mentioned in major news sources from the Washington Post to NBC News.

Financial Wellness is a Priority for Your Peers 76% of companies are looking to expand their focus on financial well-being in 2014. “ Such benefits are also intended to help employees save better so they can actually retire, making for a younger – and less costly – workforce.” — The Washington Post Financial Wellness is becoming increasingly relevant in the marketplace and it is a priority for your peers. 76% of companies are somewhat or very likely to expand their focus on the financial well-being of their employees in 2014. Employers are no longer JUST concerned with 401(k) participation alone, but are shifting to help workers achieve holistic financial wellness and make the most of their paychecks. *76% statistic comes from Aon Hewitt 2014 Hot Topics in Retirement survey report